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What Art Cashin might say today ... Bears Beware: Rout Puts Investors on Wrong Side of Central Banks
“the QE trade is not over” and yields should soon reverse their rise once markets stabilize. “I continue to see U.S. rates under downward pressure as a result of money printing abroad.”
My Take: The worry of raising rates should not overshadow the value (high quality bonds) serve to cushion your exposure to market volatility. Bonds are a flight to safety and if held to maturity possess no interest rate risk and pay more (interest) than cash.
Comments
Regards,
Ted
“the QE trade is not over” and yields should soon reverse their rise once markets stabilize. “I continue to see U.S. rates under downward pressure as a result of money printing abroad.”
My Take:
The worry of raising rates should not overshadow the value (high quality bonds) serve to cushion your exposure to market volatility. Bonds are a flight to safety and if held to maturity possess no interest rate risk and pay more (interest) than cash.